Archive for London

Soon to Cross the Pond, Same-Day Events App YPlan

YPlan, which launched for iOS just six months ago, has already been downloaded onto about 10 percent of all iPhones in London. The mobile-only app provides same-day recommendations and ticket purchasing for local events. It will soon launch for New Yorkers and Android.

“We opened a New York office recently. We’re growing the team in New York aggressively. We’re pushing hard to make the app as successful or more successful there as it is in London,” said Rytis Vitkauskas, YPlan’s CEO and co-founder. The company counts 30 staffers at present.

YPlan also announced a $12-million round of funding driven by Boston venture capital firm General Catalyst, which also invested in Airbnb.

The app provides 15 event listings per day with a visual and a short description that’s original to the app, which counts former Time Out employees among its staff. The events are customized for the user based on their social networks and previous activity within the app. Users can buy tickets within the app.

YPlan seeks to bridge an information gap between the $50 billion arts and performance industry that, on average, sells just 60 percent of its seats, and users who are eager to discover interesting and unique things to do.

“Many people have tried before to execute on this idea of last-minute events. They’ve tried and failed,” Vitkauskas said confidently.

After the New York roll-out and the launch of an Android by the end of the summer, the app-makers plan to extend YPlan’s coverage gradually across the U.S. and Europe.

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Are Sharing Platforms the Next Revolution in Social Technology?

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If Web 2.0 meant the flourishing of social media, Web 3.0 will consist of the use of social platforms to support individuals sharing goods and services with one another: That’s the main argument of a report from the industry research firm Altimeter Group in the lead-up to the LeWeb conference this week that focuses on the so-called collaborative economy.

“Customers are not just using social technologies to share their activities, opinions, and media, but also to share goods and services,” write report authors Jeremiah Owyang and Chris Silva, analysts with Altimeter Group.

Companies such as SideCar, RelayRide, Airbnb and TaskRabbit use social networks to build trust between users. They also capitalize on mobile computing and the growing technical support for person-to-person payments.

Venture investors have shown great interest in this type of businesses, showering collaborative economy startups with more than $2 billion in funding, according to the Altimeter report. An average startup brings in $29 million.

The new form of consumption has the potential to dramatically affect the economy. For instance, high-price items that get only periodic use, such as cars, electronics and travel services, may shrink their sales numbers, affecting everything from auto parts makers and electronics manufacturers to software providers and hotels. Some companies may be lose their market niche altogether, if their primary role is to connect supply and demand for a fee.

On the other hand, collaborative consumption creates a wide new playing field for marketers to reach more consumers by generating word-of-mouth marketing.

Of course, how it all shakes out will also depend on how regulators handle the new sharing-focused business models, how the overall economy fares, and how the winds blow for venture investments.

SocialTimes will be reporting from the LeWeb conference on the collaborate economy, so stay tuned.

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Bystander Live-Tweets Brutal London Machete Attack

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Police shot two assailants Wednesday in a southeastern London neighborhood after they allegedly murdered a person in public with a machete. The victim is believed to be a solider from a nearby barracks, and the British government is treating the event as a terrorist attack.

One bystander apparently live-tweeted the entire horrific event from start to finish. While Mashable hasn't yet confirmed the following account is legitimate, the timing of the tweets matches up with the timeline of the attack. This Twitter user was also recently located in the neighborhood of the attack, according to geolocation data. Read more...

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20 Hot London Startups You Need to Watch

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Most entrepreneurs assume they’ll have to move to Silicon Valley to make it big. Let’s face it, some regions are more abundant with investors, resources and talent than others. But if you’re in or near London, you might consider staying put — the startups below prove that building a great company with staying power can be done in The Big Smoke

Most operate in London exclusively, while companies that serve many regions are noted. If you live in London, which of these startups would you want to work for? If you're outside of London, which services do you wish you could use? Tell us in the comments Read more...

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Social Media Newsfeed: Presidential Debate | LinkedIn Profiles | Twitter Buy

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Debate Sparks #BindersFullofWomen Meme (NBC Chicago)
It was Katherine Fenton, the fourth undecided voter to raise a question at Tuesday night’s town hall-style presidential debate at New York’s Hofstra University, who provided the spark for the latest social media meme of the election season — Binders Full of Women. In response to Fenton’s query about what each candidate would do to rectify inequalities in the workplace, “specifically regarding females making only 72 percent of what their male counterparts earn,” Gov. Mitt Romney recalled his success in increasing gender diversity in his Massachusetts cabinet. USA Today #BindersFullofWomen became a trending topic on Twitter, with a parade of Twitter users making fun of the comment. Also trending was #binders. The Twitter account @Romney’sbinder attracted more than 4,500 followers. Mashable Tweet-wise, the second presidential debate made less of an impact than its Denver predecessor. Throughout the 90-minute showdown, 7.2 million tweets were sent, compared with Denver’s 10.3 million. Twitter Blog Moments that led to the highest amounts of conversation on Twitter were: an audience question to Romney on immigration (109,560 tweets per minute); President Barack Obama’s comment to Romney: “You’re the last person to get tough on China” (108,619 tweets per minute); and Romney’s response to tax rates question (107,386 tweets per minute). The New York Times/The Caucus Social media services like Twitter are often hailed for their ability to rapidly deliver the latest news and opinions to users. But while the networks make a wealth of information available to anyone with a smartphone or a computer, users do not consider all sources of information on a level playing field. AllFacebook Facebook’s political action committee, fbPAC, continued to hit its like button more for Republicans than Democrats in 2012, as CNNMoney reported that GOP politicians raked in $140,000 from the social network through September, compared with $127,000 for Democrats. However, when it comes to individual Facebook employee contributions, Democrats took in $116,300, more than double the GOP haul of $53,700, according to CNNMoney. continued…

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The London 2012 Socialympics [Infographic]

Twitter hashtags, YouTube clips, live blogs and Facebook groups – there’s no doubt that this is one of the most connected Olympics in history, and one infographic creator has deemed it the “Socialympics”. While the name may not catch on, the idea is pretty sound, and the new infographic from SEO highlights some of the staggering numbers of online fans and followers that are engaging with the Olympics this year.

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Watch Any Summer Olympics Event Live In HD On YouTube

This year, for the first time in history, YouTube will be streaming the Olympic Summer games live in HD.  YouTube viewers in the US will be able to watch any Olympic event live via NBCOlympics.com or on the NBC Olympics YouTube channel.
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Wanderfly Partners With People.com To Bring You The London “Hot Spots” For Olympic-Goers

Travel recommendation platform Wanderfly has partnered with People.com to name the London “Hot Spots” for the 2012 Olympic summer games.  The list, which includes everything from nightclubs and restaurants to tourist attractions and historical sites, will live on a special London Hot Spots page on People.com as well as a branded page on the Wanderfly site.
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YouTube To Open Free State Of The Art Production Facilities For Creators

YouTube is inviting creators to leave their bedroom studios and come work in state of the art production studios.  They are launching a collection of creator spaces, starting in the coming weeks in Google London’s Soho office, where YouTube creators will be able to book time to work with state-of-the-art equipment, collaborate with other YouTubers and more.
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Who Will Stop People from Sharing Photos at the Olympics? [Infographic]

The 2012 Olympic Games should inspire a flurry of activity on social media sites, but London officials have already banned ticket holders from sharing their photos and videos. How will they stop millions of people from breaking the rules? This infographic crunches the numbers.

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